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Ethylene prices in Asia tumble past week
22 Oct '18
1 min read
Ethylene prices slipped in Asia in the last week with sufficient availability of product in the region.
In Korea, average prices slumped by US$ 70/ton and assessed at US$ 1,105/ton in the last week as against the previous week, a decline of 5.96 per cent.
In Japan, average prices slipped to US$ 1,100/ton in the last week, a drop of 5.98 per cent over US$ 1,170/ton in the previous week.
In NE Asia, average prices fell sharply by US$ 55/ton and secured at US$ 1,110/ton in the last week, after a fall of 4.72 per cent as against US$ 1,165/ton during the previous week.
In SE Asia, average prices lowered by US$ 50/ton and concluded at US$ 1,010/ton in the last week, a reduction of 4.72 per cent over the price prevailing at the end of the previous week.
Fibre2Fashion News Desk – India
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